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First Independent Bank, Financial Information

About First Independent Bank

 Address:
300 Front Street
Russell, MN
Lyon County, Minnesota
 Established:
Jan 1903
 Number of domestic offices:
8
Agriculture bank
Total assets$335M
Net income$4M
Net income, quarterly$1M
Total deposits$279M
Domestic deposits$279M
Equity capital$37M
ROA1.33%
ROAQ, quarterly1.43%
ROA, pretax1.43%
ROAQ, quarterly, pretax1.43%
ROE11.53%
ROEQ, quarterly12.92%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data